Oct 8 (Reuters) - Thomson Reuters Corp TRI.TO :
* THOMSON REUTERS OUTLINES STEPS TO COMPLETE THE RETURN OF US$10 BILLION TO SHAREHOLDERS AND ANNOUNCES DIVIDEND INCREASE
* SAYS ANNOUNCED THAT ITS BOARD APPROVED AN $0.02 ANNUALIZED DIVIDEND INCREASE TO US$1.40 PER SHARE
* SAYS APPROXIMATELY US$4 BILLION OF DEBT HAS BEEN REPAID SINCE CLOSING F&R TRANSACTION
* SAYS ABOUT $6.5 BILLION IS BEING RETURNED IN CONNECTION WITH SETTLEMENT OF SUBSTANTIAL ISSUER BID/TENDER OFFER (SIB) ON OR AROUND OCT. 9
* SAYS ABOUT $2.5 BILLION TO BE RETURNED TO SHAREHOLDERS THROUGH RETURN OF CAPITAL DEAL CONSISTING OF CASH DISTRIBUTION OF $4.45/SHARE & A SHARE CONSOLIDATION, OR "REVERSE STOCK SPLIT"
* SAYS OF $1 BILLION TO BE RETURNED THROUGH SHARE REPURCHASES, $556 MILLION HAS BEEN REPURCHASED THIS YEAR; $444 MILLION OF SHARES EXPECTED TO BE REPURCHASED LATER THIS YEAR & IN 2019
* SAYS PLANS TO MAINTAIN ABOUT $2 BILLION OF CASH ON ITS BALANCE SHEET TO FUND FOCUSED ACQUISITIONS
* SAYS PLANS TO UTILIZE ABOUT $1 BILLION TO COVER F&R TRANSACTION-RELATED EXPENSES
* SAYS A SPECIAL MEETING OF SHAREHOLDERS WILL BE HELD ON NOVEMBER 19, 2018